An Introduction to PrimeXBT’s Covesting yield accounts

The industry of cryptocurrency has evolved till date to a great extent. There is no doubt that as days are passing, innovations are coming up in terms of products and services that would reshape digital finance in a better way.

Along with De-Fi and NFTs, the current topic trending in crypto over the past few years is the staking emergence. Crypto staking and other yield-generating options have proved to be a new yet great experience for those looking for better returns for the year in traditional finance.

There are so many countries where the banking rate of interest is 0%, resulting in the fall of real money value with every deposit in the bank with exceeding interest. In these countries people are left with two choices only: either they take bad credit loans or they’re trading with their hard earned money.

The good news is now the modernized crypto-centric services offer returns at a stable level on the USD-backed coins with many high returns. Wondering how? Well, the credit for the same goes to PrimeXBT’s covesting yield accounts.

Why PrimeXBT’s Covesting?

PrimeXBT’s Covesting yield accounts are advised because it lets the traders get the best results in public. This way, they can compete with other traders while maintaining transparency.

Each trader can monetize the skills and even have a second income by getting the success fees to form the followers. If these traders manage to acquire more followers, there is a high scope for them to make more profitable trading.

Covesting has opened a new stream of income for people earlier who are only dependent on payday loans from direct lenders.

PrimeXBT’s Covesting Yield Accounts

The crypto investors can earn the fixed interest and even a good income from the crypto-assets along with better traditional ways for making money in crypto-like tradition.

Digital finance undoubtedly has revolutionized, and Covesting Yield Accounts is one such fine example. PrimeXBT’s Covesting yield accounts offer not just accessibility but also the advanced tools that can offer services not just to professionals but also the novices.

Those users who want a streamlined approach without frills to Defi can stay in their comfort zone. Besides, experienced users can take a pitch to notch with the COV token.


Redefining Defi and Removing Barriers to Adoption

Even if the bar seems to be quite high for what PrimeXBT and Covesting can do next, the Covesting Yield Accounts and new COV token utilities have increased the bar every more.

PrimeXBT and Covesting look forward to removing the barriers to protect the De-Fi from reaching out to the mass scale. The wallet system will not be wobbly anymore.

Rather, users would be comfortable with PrimeXBT as the user experience is concise and seamless. Besides, the users can access the active yet popular Defi protocols without learning the insider or outs associated with the cash provision.

All improved COV Token Utilities for Token Holders

Covesting Yield Accounts focuses primarily on improving the hottest crypto assets offered at PrimeXBT alongside commodities, CFD trading, and stock indexes, to name some. Since Covesting is behind the platform development, the COV utility token is an important part of availing the benefits and experience of the Covesting ecosystem.

The whole package of Covesting Yield Accounts is incomplete without COV tokens. As the COV tokens get locked up, the users can access 2 times the high APY rates in the field. These rates vary, but they are quite the best which Defi can offer. Besides, the COV tokens also three account levels that range from Advanced to Premium and Elite.

Every level offers better benefits to COV token holders. This includes improvement in the fees and even letting more followers for the strategy managers to invest COV.

The COV Token is the native token of the Covesting ecosystem. You must have a look at the PrimeXBT today to explore more on upcoming Covesting Yield accounts. Those on the waitlist shall surely benefit from a 1% APY increase in the first month.

Benefits you don’t want to miss out on

Covesting is the best platform that investment industry experts have come up with. These are the experts with quite a good trading experience of over 10 years. If you are pricky on whether converting can be a better option, then have a look at the advantages you don’t want to miss out on:

  • Easy-to-use: You can make your strategy or follow others in a matter of minutes
  • Powerful: It is possible to trade more than 50 instruments such as Crypto, FX, Commodities, and more.
  • Reliable: You can improve your capital with much secure and reliable trading platform


All About PrimeXBT and the Ongoing B2B Covesting Partnership

PrimeXBT got onto the trading scene in the year 2018 during the crypto Bear market. In this span, many companies suffered while the trading platform’s short positions advised traders to come back for more, but others lost money in the crypto downtrend. It was then profit started to get the wind in the community of traders.

It transformed into a discussion for the services that trading infrastructure should offer. Soon the industry rewards began to favor PrimeXBT while it started gaining more attention from investors. But after it introduced the Covesting Copy Exchange module, PrimeXBT got a long-term deal.

Certainly, technology will change the world for the betterment, and with launching Covesting Yield Accounts, PrimeXBTs are letting the users get better technical knowledge benefit.



Jack Bailey

I am John, a veteran trader turned into a trading coach. Especially in the realm of cryptocurrency derivatives which is now booming and expected to grow big.